SB 405 In Committee
Taxes, Excise - As introduced, enacts the "CEO Pay Disparity Tax Act," which imposes a pay disparity surcharge in the amount of an additional 0.1 percent to the standard 6.5 percent excise tax rate on each company whose top executive is paid at least 100 times more than the median income of the company's employees. - Amends TCA Title 67, Chapter 4.
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Apr 17, 2026 · House
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
Mar 18, 2025 · House
Refer to Senate Finance, Ways & Means Revenue Subcommittee w/ negative recommendation
Feb 18, 2025 · House
Refer to Senate F,W&M Revenue Subcommittee
Feb 12, 2025 · Senate
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Feb 10, 2025 · House
Introduced, Passed on First Consideration
Jan 28, 2025 · House
Filed for introduction